About Babbitt
Babbitt is a company based in Hangzhou (China) founded in 2011 by Liu Zhipeng. Babbitt has raised $16 million across 1 funding round from investors including BITMAIN, Qifu Capital and Puhua Capital.
- Headquarter Hangzhou, China
- Founders Liu Zhipeng
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Phone
Locked
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$16 M (USD)
in 1 rounds
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Latest Funding Round
$16 M (USD), Series A
Mar 02, 2018
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Investors
BITMAIN
& 2 more
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Employee Count
Not available
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Funding Insights of Babbitt
Babbitt has successfully raised a total of $16M through 1 strategic funding round. The most recent funding activity was a Series A round of $16 million completed in March 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Babbitt
Babbitt has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include BITMAIN, Qifu Capital and Puhua Capital.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments are managed by Qifu Capital.
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Health and technology startups are invested in by Puhua Capital.
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Hardware solutions for cryptocurrency mining are developed.
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Investor details for Babbitt
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Investments & Acquisitions by Babbitt
Investment portfolio details for Babbitt
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Financial Statements - Babbitt
Detailed financials for Babbitt
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Babbitt Comparisons
Peer comparison for Babbitt
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Competitors of Babbitt
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Latest news on Babbitt
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Frequently Asked Questions about Babbitt
Babbitt was founded in 2011 and raised its 1st funding round 7 years after it was founded.
Babbitt is headquartered in Hangzhou, China. It is registered at Hangzhou, Zhejiang, China.
Wang Lei is the current CEO of Babbitt.
Babbitt is a funded company, having raised a total of $16M across 1 funding round to date.
Babbitt was founded in 2011 in Hangzhou, China, by Liu Zhipeng, with Wang Lei serving as CEO. Blockchain-related information is provided via the domain 8btc.com, covering news, analysis, and resources for the sector. Operations center on aggregating and distributing data to support users in the cryptocurrency and blockchain fields, primarily within China and surrounding regions. Key personnel oversee content and platform development.
Babbitt has 3 investors. Key investors include BITMAIN, Qifu Capital, and Puhua Capital.